Announcements / Contributions / SMSF / Webinars

SMSF Webinar on Dealing with Excess Contributions Tax

DOWNLOAD THIS WEBINAR FROM THE SMSF ACADEMY FREE RESOURCES AREA Excess Contributions Tax (ECT) has become a significant issue for many members of Self Managed Super Funds.  With more than 65,000 notices already issued for the 2009/10 financial year, the impact of this penalty tax is having a significant impact on many Australian’s saving for … Continue reading »

Triggering the 'bring forward' rule
Professionals / SMSF / SMSF Strategy / Trustee education

Triggering the 'bring forward' rule

It has been three years since the introduction of the Simpler Super rules.  It amazes me to this day that the application of the non-concessional contribution (NCC) ‘bring forward’ rule continues to catch out individuals, accountants and financial advisers. What is the ‘bring forward’ rule? An individual has the ability to make a non-concessional contribution … Continue reading »

Has the budget made contribution splitting a powerful strategy again?
Professionals / SMSF / SMSF Strategy / Trustee education

Has the budget made contribution splitting a powerful strategy again?

Further to the recommendations of the Henry Tax Review, the government has formally announced a range of superannuation initiatives in tonight’s budget including: increasing the super guarantee (SG) rate from 9% to 12% (over the next 10 years) providing a contribution of up to $500 for workers with incomes up to $37,000 extend the super … Continue reading »